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Tell me you know nothing about NYC real estate without telling me you know nothing about NYC real estate. “Rent control” in NYC is a specific term that applies
by mattzito 4y ago
Tell me you know nothing about NYC real estate without telling me you know nothing about NYC real estate.
“Rent control” in NYC is a specific term that applies to a separate set of regulations and laws that govern a particular set of rental properties. Tenants who live in these properties are effectively immune from rent increases for as long as they or their families live in the apartment.
Of course rent stabilization is a form of rent control, but it is not the same as Rent Control in NYC. In online discussions about NYC rental law, the two things often get conflated, as they have at several points in this thread.